This could be the biggest buyout in memory and a turning point in the history of the industry.
More Quotes from Harley Shaiken:
The pain and surprise may come when Delphi wages are cut and it sets a pattern of pressing down on wages to succeed competitively, ... It reverses the success story of the American economy, which has always been that U.S. firms paid the most.Harley Shaiken
Economic growth in the United States in the 20th century was based on building entrances to the middle class, from Henry Ford in 1913 to strong unions in the '50s and '60s.
Harley Shaiken
The hotels are confronting a union that has significantly more leverage and more imagination than in the past. The union is slowly but surely introducing national bargaining in an industry in which the companies used to tower over the local unions.
Harley Shaiken
Miller, by taking such a visible and hard line, may have underestimated the UAW. The union would like to see a settlement, but not at the cost of 60 years of gains.
Harley Shaiken
They're going to try to make an argument that simply cutting wages, slashing benefits, etc., is not the only way to go. Whether the bankruptcy judge buys that remains an open question.
Harley Shaiken
What's new about the global economy is First World productivity combined with Third World wages. That can create some real downward pressure on high-wage countries.
Harley Shaiken
Readers Who Like This Quotation Also Like:
Based on Topics: Business & Commerce Quotes, History Quotes, Memory QuotesA living cell requires energy not only for all its functions, but also for the maintenance of its structure.
Albert Szent-Gyorgyi
A sitcom. I hate that word.
Angela Lansbury
If any of you should ask me for an epitome of the Christian religion, I should say that it is in one word - prayer. Live and die without prayer, and you will pray long enough when you get to hell.
Charles Spurgeon